Description Reason for Sale: Out of state owner/absentee owner- Highly Profitable retail business located in a regional mall. Seller specializes in all types of repairs for jewelry, watches & batteries, cell phones.
Retail sales of watches have become a growing segment of their business + gold buying. Store has a modern design with clean lines. Absentee owner but owner benefit is for a full time working owner. 2013 sales exceed $490,000 with an owner benefit of $190,000. Great Books & records. (Tax Return on file) $30,000 of Inventory included in the sale. Lease extends to 2016 with 588 square foot footprint. 2014 numbers through 5-31-14 - $239,000.
Selling Price: $440,000
For more information, please contact Russell Cohen at 954-900-2685.